BANGKOK — China’s central bank said Wednesday it will cut the amount of reserves it holds for banks as part of a slew of measures to support the slowing economy. The announcement by the governor of ...
China’s central bank will keep monetary policy targeted and ensure credit growth is stable, Governor Yi Gang said, keeping the policy stance largely unchanged despite rising calls for more stimulus.
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — Fears that Evergrande’s debt ...
China’s Finance Ministry, a major shareholder of the four banks, will be involved in all four capital raises, the filings showed. The ministry is set to become the controlling shareholder for Bank of ...
BEIJING, May 11 (Reuters) - New Chinese bank loans tumbled far more sharply than expected in April, adding to worries that the economy's post-pandemic recovery is losing steam and putting pressure on ...
A top-performing Greater China equity fund manager is sticking with his conviction call on big Chinese bank stocks listed in Hong Kong, confident that higher dividend payouts will keep enticing ...
Latest data fuels worries economic recovery is losing steam April loans slump far more than expected Deflationary pressures rising amid weak demand Market bets on rate cut, other stimulus are building ...